John Hancock Multifactor Etf Price on October 10, 2023
JHMM Etf | USD 64.80 0.75 1.17% |
Below is the normalized historical share price chart for John Hancock Multifactor extending back to September 29, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of John Hancock stands at 64.80, as last reported on the 26th of November, with the highest price reaching 65.17 and the lowest price hitting 64.68 during the day.
If you're considering investing in John Etf, it is important to understand the factors that can impact its price. As of now, John Etf is very steady. John Hancock Multifactor holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for John Hancock Multifactor, which you can use to evaluate the volatility of the entity. Please check out John Hancock's Risk Adjusted Performance of 0.1497, market risk adjusted performance of 0.1625, and Downside Deviation of 0.7069 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
John Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.44 | 200 Day MA 57.0501 | 1 y Volatility 15.02 | 50 Day MA 60.8022 | Inception Date 2015-09-28 |
John |
Sharpe Ratio = 0.2065
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Estimated Market Risk
0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average John Hancock is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of John Hancock by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 16.4 K |
John Hancock Valuation on October 10, 2023
It is possible to determine the worth of John Hancock on a given historical date. On October 10, 2023 John was worth 46.62 at the beginning of the trading date compared to the closed value of 46.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of John Hancock etf. Still, in general, we apply an absolute valuation method to find John Hancock's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of John Hancock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against John Hancock's related companies.
Open | High | Low | Close | Volume | |
45.88 | 46.57 | 45.88 | 46.45 | 214,298 | |
10/10/2023 | 46.62 | 47.16 | 46.60 | 46.90 | 202,441 |
47.00 | 47.17 | 46.68 | 47.05 | 156,082 |
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John Hancock Trading Date Momentum on October 10, 2023
On October 11 2023 John Hancock Multifactor was traded for 47.05 at the closing time. The top price for the day was 47.17 and the lowest listed price was 46.68 . The trading volume for the day was 156.1 K. The trading history from October 11, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.32% . The trading delta at closing time against the current closing price is 3.26% . |
John Hancock Multifactor Fundamentals Correlations and Trends
By evaluating John Hancock's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among John Hancock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. John financial account trend analysis is a perfect complement when working with valuation or volatility modules.About John Hancock Etf history
John Hancock investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for John is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in John Hancock Multifactor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing John Hancock stock prices may prove useful in developing a viable investing in John Hancock
John Hancock Etf Technical Analysis
John Hancock technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
John Hancock Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
John Hancock Multifactor cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
John Hancock November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how John Hancock etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading John Hancock shares will generate the highest return on investment. By undertsting and applying John Hancock etf market strength indicators, traders can identify John Hancock Multifactor entry and exit signals to maximize returns
John Hancock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for John Hancock's price direction in advance. Along with the technical and fundamental analysis of John Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of John to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1497 | |||
Jensen Alpha | 0.0318 | |||
Total Risk Alpha | 0.0207 | |||
Sortino Ratio | 0.0453 | |||
Treynor Ratio | 0.1525 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Multifactor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of John Hancock Multifactor is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John Hancock's value that differs from its market value or its book value, called intrinsic value, which is John Hancock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John Hancock's market value can be influenced by many factors that don't directly affect John Hancock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between John Hancock's value and its price as these two are different measures arrived at by different means. Investors typically determine if John Hancock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, John Hancock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.